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Cryptocurrency payments come to Google Pay thanks to Coinbase

by Barış Selman
16 June 2021
in Business, Fintech
Reading Time: 2 mins read
Cryptocurrency payments come to Google Pay thanks to Coinbase
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Google Pay now supports mobile payments with cryptocurrencies such as Bitcoin or Ethereum thanks to its partnership with Coinbase.

Contactless payments are something that many people in some countries currently use (especially since the COVID-19 crisis), something made possible by applications such as Google Pay. This application now expands the supported payment systems thanks to its union with Coinbase. Thanks to this it is now possible to pay with cryptocurrencies using this application.

Google Pay already supports Coinbase as one of its accepted payment methods. This allows us to add our Coinbase card in the payment app on Android or Wear OS and thus be able to pay with cryptocurrencies such as Bitcoin, Ethereum, or DogeCoin.

Pay with cryptocurrencies using Google Pay

Cryptocurrency payments come to Google Pay thanks to Coinbase
Cryptocurrency payments come to Google Pay thanks to Coinbase

This possibility is launched for the moment in the form of a limited and closed test in the United States. Due to this test, there are already several users who in their Google Pay account already can add a Coinbase card as a payment method. Coinbase also offers this option in Apple Pay, as announced today.

As many of you already know, Coinbase is one of the most popular cryptocurrency wallets on the market. Users who have virtual currencies such as Bitcoin, Ethereum, or DodgeCoin use this app to hold their coins this way. They can now link that account and card to the Google payments app.

For this to be possible, Google Pay requires users to have a physical Coinbase card, something they can request. If such a card is already in place, it can be set up as a payment method to be used in Google Pay or Apple Pay. Users will be able to set which cryptocurrency they then wish to use for their payments.

This test is first conducted in the United States. There is no data on its possible international launch, but it may be a stepping stone to global availability. Although so far neither Google nor Coinbase says anything about these plans.

Tags: coinbaseComingcryptocurrencyfeaturedfintechgoogle paypaymentstechnology

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